Merge closes RIS Logic acquisition

PACS firm Merge eFilm of Milwaukee has completed its acquisition of all the assets of Solon, OH-based radiology information systems developer RIS Logic. The acquisition price of all RIS Logic shares was $2.725 million in cash plus 772,000 shares of Merge common stock and the issuance of replacement employee stock options.

RIS Logic will operate as a division of Merge eFilm, and will maintain its Cleveland office location. Dan Quigg, former RIS Logic president and CEO, will serve as president of the RIS Logic division.

By AuntMinnie.com staff writers
July 18, 2003

Related Reading

Merge bids for RIS Logic, July 10, 2003

Merge eFilm sales, earnings climb, April 30, 2003

Merge integrator software available for download, April 22, 2003

Merge reports banner year, February 27, 2003

RIS Logic launches new version of CS software, June 9, 2003

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